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Politics And The Markets 10/02/21

Oct. 02, 2021 8:57 AM ET482 Comments
Political Comments profile picture
Political Comments

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Political Comments profile picture
This is the go-to destination for political comments on Seeking Alpha.These comments are not regulated with the same rigor as the rest of the site, and this is an 'enter at your own risk' area as discussion can get very heated. If you can't stand the heat...you know what they say...The one guideline we do still require strict adherence to is refraining from personal attacks on fellow commenters. Regardless of which side of the political divide you find yourself, please be courteous and don't direct abuse at other users.

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Comments (482)

The economy will crash in 2022 under higher gas and food prices, higher taxes, and a debt level that makes us bankrupt. Socialism has never worked in a 100 years. That’s why 200000 illegals come to our borders every month. They are fleeing socialism and an economy that only helps politicians. Sell sell sell. Wake up America!!!!
Henry Miles profile picture

They are fleeing for a variety of reasons and you know it. Haitians are leaving to escape the devastation of their latest earthquake. Your ideology has overtaken your reasoning.
@Henry Miles Well said without name calling and indicating how brainwashed and tired the right-wing talking points have become in the dystopian alternative world trump created.
@crichardt13 Dystopia, as-in flying the Haitians back to Haiti, and turning away tens of thousands at the border?



I don't think it's Trump's or Biden's dystopia. Looks pretty consistent to me. The US had the goodies that people want.
techy46 profile picture
@Namron Damron

There's nothing to negotiate on child tax credits, paid leave, other pork.

US shouldn't be subsidizzing more population growth spending on Green.

Going to be long Oct with Fed not meeting until Nov 2-3 and US Debt Dec 3rd.

"Holdout Democratic Sen. Kyrsten Sinema of Arizona on Saturday slammed House Democrats’ decision to delay a vote on a bipartisan infrastructure deal, calling it “inexcusable” and a “stunt” by progressives.

“Over the course of this year, Democratic leaders have made conflicting promises that could not all be kept — and have, at times, pretended that differences of opinion within our party did not exist, even when those disagreements were repeatedly made clear directly and publicly,” Ms. Sinema said in a statement.

House Speaker Nancy Pelosi announced Saturday that a vote on the $1.2 trillion bill would be delayed until as late as the end of October. She had initially agreed to bring it up for a vote this week."
Divi-It-Up profile picture

There's a sucker born every minute and two there to take it.

One half of the world was born to F the other.

How's that for some late-night perspective?
Divi-It-Up profile picture
@techy46 "House Speaker Nancy Pelosi announced Saturday that a vote on the $1.2 trillion bill would be delayed until as late as the end of October."

Is that similar to the impeachment of Trump when Pelosi delayed sending the articles of impeachment to the Senate?

Never pull a half-baked bun from the oven.
@techy46 800 BILLION for guns and bombs and war and NOTHING for paid leave for families...SMH.
I agree with AOC...cut the DD by 10% and make it a10% cut every year for the next 5 years as well.
techy46 profile picture
@al roman

Great way to be Sunday shopping for prok chops?

I told them leave Bibi alone
Vladimir can be absolutely vicious
That was edited
Can any of you think who can counter this air defense situation and drone situation it’s only going to really ratchet up.
Dems Stunned In Florida As More Republicans Continue to Register To Vote – Openly Admit Their Policies Don’t Connect with Voters

Democrats had 23,055 more registered voters than Republicans in the Sunshine State at the end of August — that was down from the 700,000 voter advantage President Barack Obama won the state with in 2008.

“Without a full-frontal, professional and accountable partisan effort to turn it around, sometime before the end of this year, there will be more Republicans registered in Florida than Democrats — that has NEVER happened before,” longtime Florida Democrat operative Steve Schale told Politico.
@PIRockford let um rack up some cash and work the mid terms and 2024
NBC Hack Attempts Desperate Damage Control as NASCAR Crowd Chants “F*** Joe Biden” Behind Winner Brandon Brown

@PIRockford I wouldn’t be thinking of Joe hit deer
Just wouldn’t be thinking of him in that situation
I went far enough today
Kev get there # 3am tell them they have to get to p town immediately
I guess you guys are already sawing wood
“Unfortunately, Jan. 6 was not an isolated event,” warned FBI Director Christopher Wray last winter:

“The problem of domestic terrorism has been metastasizing across the country for a long time now, and it’s not going away anytime soon.”

Since he became director in 2017, said Wray, FBI domestic terrorism investigations had doubled in number to more than 2,000, and FBI investigations of white supremacists had tripled.

Listening to Wray, one came away with the impression that right-wing terrorism was our foremost internal security issue, that the Jan. 6 riot was a manifestation of that terrorism, and that white supremacists top the list of dangerous enemies inside our own country.

The vast turnout of police and press for the Sept. 18 protest on the Mall to demand fairness for the Jan. 6 “patriots” suggested that our elites shared Wray’s alarm.

All seemed disappointed when the brownshirts failed to show up.

Yet, with this week’s release of FBI statistics on violent crime in America, showing a record 30% surge in homicides in 2020 over 2019, questions arise.

What caused the number of U.S. victims of murder and manslaughter to explode by almost 5,000 last year to reach a total of 21,500? Why are homicides rising another 10% this year? Why are murders and manslaughters rising so dramatically in the USA?

For that number of killings, 21,500 in 2021, is three times the number of U.S. soldiers dead in 20 years of fighting in Afghanistan and Iraq.

The New York Times and Washington Post both made the FBI figures front-page news. And the Times gave some insight as to who the victims of homicide in this country were and are.

Here is the relevant passage in the Times story:

“The (FBI) report … breaks down last year’s homicide victims by race, ethnicity and sex, although not all law enforcement agencies provided such data. Of the people killed in 2020, at least 9,913 were Black, 7,029 were white, 497 were from other races and 315 were of unknown race. There were at least 14,146 men killed and 3,573 women.”

The startling number here: There were nearly 3,000 more Black victims who wound up dead in America from criminal violence than there were white victims, though Blacks, at 12-13% of the U.S. population, are only one-fifth the size of the white population.

Translation: Black Americans are being shot, stabbed and beaten to death at a rate six to seven times that of whites. And by the end of this year, well over 10,000 Blacks will have been made the victims of homicide in America.

That figure breaks down to roughly 200 Black folks dead every single week in this country from gunshot wounds and other criminal violence — a weekly death toll that rivals U.S. losses in Vietnam at the height of the war.

The question unanswered and unasked in the Times’ and Post’s stories is: Who is doing this? Who is killing all these Black people?

If, as the slogan proclaims, “Black lives matter,” why is there not greater public alarm at BLM in who is killing so many Black people?

But, again, in one year, the number of Blacks killed in violent crimes in America, 3-in-4 by gunshots, will exceed 10,000.

Who is doing this? How many of these Black folks are victims of the right-wing extremists and white supremacists that Wray sees as our greatest domestic security threat?

How many Blacks in 2021 and this year were victims of the Proud Boys or Oath Keepers or 3 Percenters or neo-Nazis or the Klan?

If rogue white cops are the scourge of Black America, as we have been instructed to believe, how many killings of unarmed Blacks were done by white cops this year and last?

In 2020, homicides in Washington, D.C., rose for the third straight year, reaching almost 200, the deadliest year in the city since 2004. More than 920 people were shot in 2020, a 64% increase from three years ago. Again, how many of these Washington shootings, averaging three a day, were the lethal work of Washington white supremacists?

Within the Post and Times there were explanations offered for the 30% surge in homicides. Among them were the proliferation of guns and gun ownership, and the “police legitimacy crisis.”

In the wake of George Floyd’s death, “Defund the Police!” became the chant of 100 leftist protests.

Police funds were cut. Elites turned hostile to cops they once hailed as “first responders.” Demoralized, many police ceased to be proactive. Police resignations and retirements came in record numbers.

When the peace forces in our society were morally disarmed, their natural enemies, the criminal element, seized the opportunity.
@PIRockford get yourself a cheese grill or peanut butter
John Wilson profile picture
@PIRockford Since he ("Look the other way" Wray) became director in 2017 "FBI investigations of white supremacists had tripled."

Notice that for the tripling of "white supremacist investigations" he would not say how many elusive white supremacists the actually found and charged with something. Probably less than the number of murders in Chicago in one weekend.

Wray is a piece of socialist garbage.

He is too busy trying to find a token white supremacist that he does not care to investigate and prosecute sexual predators like Larry Nasser or to take down MS13 gangs, or Mexican drug cartels openly operating in the US.
Jack T Bonds profile picture
@John Wilson Damn that Wray. We need to find out who is the moron who appointed him and punish that person without mercy!
D I get to dark it’s like the guy’s legally… sharp but there’s still something not right about that
I don’t want to do that anymore babe
It’s bad
DD that’s how the guys used to talk to me
I don’t quite remember
OSHA presence
All that prevailing wage
crademan profile picture
Just for fun, words that we need but don't yet exist.
The list starts with "Cashtration (n.): The act of buying a house, which renders the subject financially impotent for an indefinite period of time."

The second word is "Ignoranus." You can imagine the definition!
MyPrivilegeIsShowing profile picture
If the far Left wing of Congress holds out for both spending packages instead of agreeing only to vote on the infrastructure bill, Biden might end up getting nothing passed
crademan profile picture
@MyPrivilegeIsShowing With any luck at all, Republican obstruction can start the next recession, or even trigger a fun economic depression.
@crademan The problem right now is that Democrats can't even agree among themselves and are creating their own obstruction.

Apparently your definition of recession and depression is not agreeing to spend trillions of dollars that we don't have.
@PIRockford @crademan Just dump the debt on our grandchildren.

They're so cute!

And besides: San Fran Nan, and the rest of us "adults" will be long-gone when the bill comes due, right?

(and for any partisans on here: both parties are experts at this dump-age, as illustrated by Trumpies unnecessary tax cut and Joe's multi-Trillion-dollar spending spree)
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